The Corporate Tax Rate in Turkey stands at 22 percent. Corporate Tax Rate in Turkey averaged 24.61 percent from 1997 until 2019, reaching an all time high of 33 percent in 2000 and a record low of 20 percent in 2006. source: Turkish Revenue Administration

Corporate Tax Rate in Turkey is expected to be 22.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Corporate Tax Rate is projected to trend around 20.00 percent in 2020, according to our econometric models.

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Turkey Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
22.00 22.00 33.00 20.00 1997 - 2019 percent Yearly


Turkey Corporate Tax Rate
In Turkey, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Turkey.

Turkey Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 22.00 22.00 33.00 20.00 percent [+]
Personal Income Tax Rate 35.00 35.00 40.00 35.00 percent [+]
Sales Tax Rate 18.00 18.00 18.00 18.00 percent [+]
Social Security Rate 37.50 37.50 38.50 31.50 percent [+]
Social Security Rate For Companies 22.50 22.50 22.50 16.50 percent [+]
Social Security Rate For Employees 15.00 15.00 16.00 14.00 percent [+]